2 Cedar Ln
Putnam, IL 61560
2 bd 2 ba 1,056 sqft Lot 32,400 sqft single_family
Most recent sale
$50,000
Oct 13, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2024 | Sold | $167,000 | MRED |
| Jan 18, 2024 | Listed | $189,000 | MRED |
| Oct 13, 2023 | Sold | $50,000 | MRED |
| Aug 7, 2023 | Price changed | $129,000 | MRED |
| Jul 29, 2023 | Listed | $149,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $19,047 | $2,092 | $21,139 | $1,725 |
| 2018 | $23,626 | $1,789 | $25,415 | $2,151 |
| 2017 | $22,717 | $1,789 | $24,506 | $2,059 |
| 2016 | $21,635 | $1,704 | $23,339 | $2,022 |
| 2015 | $21,368 | $1,683 | $23,051 | $1,804 |
| 2014 | $20,629 | $1,625 | $22,254 | $1,685 |
| 2013 | $21,738 | $1,712 | $23,450 | $1,770 |
| 2012 | $21,738 | $1,712 | $23,450 | $1,770 |
| 2011 | $29,330 | $2,053 | $31,383 | $2,237 |
| 2010 | $29,330 | $4,584 | $33,914 | $2,344 |
| 2008 | $32,990 | $11,228 | $44,218 | $2,624 |
| 2005 | $24,238 | $3,108 | $27,346 | $1,944 |
Property facts
Year built
—
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,056 sqft
Lot size
32,400 sqft
ZIP code
61560
City
Putnam
Street
Cedar Ln
Coordinates
41.21231, -89.45760
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 2 Cedar Ln last sell?
2 Cedar Ln most recently sold on Oct 13, 2023 for $50,000.
What is the current tax assessment for 2 Cedar Ln?
The most recent total assessment for 2 Cedar Ln (year 2024) is $21,139 with $1,725 in property tax.
How does 2 Cedar Ln's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $50,000.
When was 2 Cedar Ln built?
The year built for 2 Cedar Ln is not in our records.
How does 2 Cedar Ln compare to others on Cedar Ln?
We track 8 other properties on Cedar Ln. Browse the list under "Other properties on Cedar Ln" to compare beds, baths, and sale history.
What are the property facts for 2 Cedar Ln?
2 Cedar Ln is a 2 bed, 2 bath, 1,056 sqft, 32,400 sqft lot single_family.
Is 2 Cedar Ln a flip candidate?
Yes — 2 Cedar Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2 Cedar Ln a tax-appeal candidate?
No — 2 Cedar Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2025 Q4
$202K
2026 Q1
$202K
ZIP 61560 — Median Price History + Forecast
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Geography
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